4333 Ft St, Detroit, MI 48209-3221
- Distribution centers
- 342,272 SF
- 16.48 lot acres
Current Use by Public Records
- Xenith / (Bike/Boat/Book/etc) Store
- Renaissance Global Logistics / Logistics Company / Freight Service
Property Details for 4333 Ft St
- Year built
- 1998
- Lot size
- 16.48 lot acres
- Zone code
- M4
- Property type
- Distribution centers
- APN
- 14000036-8
- APU
- 140000368
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 2, 2012 | $6,000,000 | Jlk Real Estate Holdings LLC | Ford Motor Land Dev Corp | Deed Of Trust | $4.7M · Fifth Third Bank |
Description
This exceptional 360,503-square-foot warehouse, located at 4333 W Fort St in Detroit, Michigan, presents a significant opportunity for industrial users. Built in 1999, the single-tenant property sits on a substantial 16.47-acre lot in Wayne County, offering ample space for operations and expansion. The building boasts a 27-foot ceiling height, providing significant vertical storage capacity. Access is facilitated by 24 dock-high doors and 3 drive-in doors, ensuring efficient loading and unloading of goods. The entire 360,503 square feet is currently vacant, making it perfect for a business seeking a large, ready-to-occupy space. Its location in South Detroit offers convenient access to major transportation routes, enhancing logistical efficiency. This well-maintained property represents a rare opportunity to acquire a large-scale warehouse in a prime industrial location. The property's size, features, and location make it an attractive option for various industrial businesses seeking significant space and operational flexibility. The ample acreage also allows for future expansion or additional development. This is a turnkey solution for businesses needing immediate occupancy in a strategic Detroit location.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $17,924,000
- AI Estimate
- $17,438,000
Market price range: $4.28M - $17.9MMarket price range: $4.16M - $17.4M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $11,025,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $25,930,000 Change: +135% Conversion: Moderate
- MEDICAL BUILDING
- $21,565,000 Change: +96% Conversion: Difficult
- OFFICE BUILDING
- $21,100,000 Change: +91% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $20,745,000 Change: +88% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0879
- Latitude
- 42.3115
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
